Property Prices in Algarve, Portugal

Index
Price to Income Ratio:	?
Mortgage as Percentage of Income:	?
Loan Affordability Index:	?
Price to Rent Ratio - City Centre:	10.54
Price to Rent Ratio - Outside of Centre:	?
Gross Rental Yield (City Centre):	9.49%
Gross Rental Yield (Outside of Centre):	?

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	1,000.00 €	500.00-1,500.00
Apartment (1 bedroom) Outside of Centre	850.00 €	500.00-1,200.00
Apartment (3 bedrooms) in City Centre	1,800.00 €	1,600.00-2,000.00
Apartment (3 bedrooms) Outside of Centre	800.00 €
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	213.68 €	139.35-288.00
Price per Square Feet to Buy Apartment Outside of Centre	?
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	830.00 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	5.43	5.43-5.43

These data are based on 16 entries in the past 18 months from 5 different contributors.
Last update: January 2025

Sources and References

Nearby cities:

Property Prices in Albufeira	28.48 miles
Property Prices in Portimao	41.74 miles
Property Prices in Evora	140.86 miles
Property Prices in Redondo	148.54 miles
Property Prices in Setubal	153.12 miles
Property Prices in Pinhal Novo	153.14 miles
Property Prices in Amora	163.19 miles
Property Prices in Barreiro	163.22 miles
Property Prices in Seixal	163.83 miles
Property Prices in Corroios	164.64 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	35,800.00
GDP Growth Rate:	6.83%
Population Growth Rate:	-0.17%